HUD Changes 2530 Requirements for Non-Profit Board Members - Again! |
My mother always said, "If it seems too good to be true, then it probably is."
A recent LIHTC Pilot memo from HUD, a subsequent Lender call and associated FAQ responses, excited many in the industry about a long overdue change in the HUD 2530 reporting requirements for non-profits.
Unfortunately, HUD will be clarifying their stance next week with a supplemental memo indicating that the 2530 change applies only to LIHTC Pilot transactions and not to all affordable transactions.
We will supply more detail in an upcoming newsletter. For the now, please do not make any changes to the way you are reporting non-profit principals for HUD financing applications.
Murphy Consulting stays on top of HUD updates and changes!.
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Training & Services |
Outsourced APPS Coordinator services are available for e2530 submissions in APPS. Call (410) 821-6953 or email for details and pricing. (Fees based on org structure and submissions needed.)
EIV Coordinator or User Access help is available for new Coordinators/Users or existing ones - ID application, EIV access, HUD security requirements and access troubleshooting. (Reasonable fixed fee pricing.)
Owners, Management Agents and Non-Profits may opt for one-on-one APPS processing help via webinar for their in-house Coordinators or Users
Professional Organizations may arrange for a presentation at their Conference or Annual Meeting.
For Lenders - We offer Outsourced APPS Coordinator services.
Contact Denise Murphy Edwards at (410) 821-6953 to discuss options.
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Denise Murphy Edwards is a nationally renowned speaker, APPS/2530 expert and HUD Secure System Specialist. With a reputation as a lively and informative presenter, she has trained thousands of multifamily housing professionals, presenting nationally for NLHA and Leading Age, and regionally for AHMA, NAHRO, ELA, SMAC and others. |
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Learn from Denise |
If you would like to have Denise Murphy Edwards speak at your next conference or annual meeting about APPS, 2530 or HUD Flags, give us a call at (410) 821-6953
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Where you can find us!
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Washington, DC
March 26th
HAND Housing HUD Program Updates affecting Non-Profits
Boston, MA early May - tbd
Private 2530 Presentation
San Francisco, California
April 24th - 25th
Western Lenders Conference
Washington, DC
June 18th - 20th
National Leased Housing Association
Indianapolis, Indiana
July 9th
Affordable Housing Association of Indiana
1/2 day Training Class:
EIV Coordinators
San Antonio, TX
late Sept - tbd
Private 2530 Presentation
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Archives of
APPS & REAC
News and Notes
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Archives of past issues of this e-newsletter, APPS & REAC News and Notes, are available on our web site. Click here. |
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